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Remember the scenario above -- you charged a $1100 laptop, then stopped spending on your credit card and started paying off your debt. A typical
Remember the scenario above -- you charged a $1100 laptop, then stopped spending on your credit card and started paying off your debt.
- A typical minimum payment for a credit card is 3% of the balance. Calculate your minimum payment for the purchase of the laptop. What would your likely minimum payment be?
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